Serco Inc. to Acquire Northrop’s MT&S Business Division
Serco Inc. has agreed to acquire Northrop Grumman’s mission training and satellite ground network communications software, or MT&S, business. The acquisition deal involves a cash payment of $327 million and will deliver a portfolio of U.S. defense service contracts with annual revenues of around $300 million, Serco said Thursday. Currently, the MT&S business provides advanced […] More